HK Monbow, Leaderstar, Ultrastar, and TEKKET Form Global League Alliance to Reshape Heavy-Duty Parts Industry
HK Monbow Limited (hereinafter referred to as “Monbow”), Leaderstar Group, and Ultrastar jointly announced today that they have formally entered into a strategic cooperation agreement to co-invest in the global industrial alliance – Global League. Notably, the well-known value-for-money parts brand TEKKET will also join the alliance as a strategic partner to collectively explore the global market.
This multi-party collaboration will integrate the core strengths of all participants in the construction machinery parts and heavy-duty truck parts sectors. As a key part of the cooperation, Monbow’s renowned “Monbow Filter” product line will be incorporated into the unified operations of Global League. This product line will leverage Leaderstar Group’s global distribution network, Ultrastar’s technical expertise in heavy-duty truck and construction machinery parts, and TEKKET’s extensive experience in cost optimization to achieve a comprehensive improvement in product value.
Ultrastar, as a supplier of high-quality parts for commercial heavy-duty trucks and construction machinery, will contribute its professional manufacturing experience to this collaboration. A spokesperson for Ultrastar stated: “We have been deeply involved in the commercial heavy-duty truck and construction machinery parts market for many years and deeply understand the importance of high-quality parts for equipment stability. Through cooperation with TEKKET in supply chain optimization, we will further enhance our market competitiveness while maintaining high-quality standards.”
A representative of the TEKKET brand emphasized regarding the collaboration: “TEKKET has always been committed to providing value-for-money parts solutions for the market. After joining Global League, we will deeply synergize with premium brands like Monbow and Ultrastar. By sharing manufacturing resources and optimizing the supply chain, we will provide global customers with more cost-competitive product portfolios.”
In addition to filter products, the alliance will cover a broader range of construction machinery parts and heavy-duty truck parts. Through the Global League platform, all partners will achieve comprehensive sharing of R&D resources, supply chain systems, and market channels, jointly developing full series of products including transmission systems, hydraulic components, and chassis parts.
A representative from Leaderstar Group concluded: “This collaboration brings together Ultrastar’s high-quality products, Monbow’s professional technology, and TEKKET’s value advantage, combined with our global network. This is sure to deliver a全新的 value experience to the industry.”
About the Parties:
- HK Monbow Limited: Specializes in the R&D and manufacturing of construction machinery filtration systems and parts.
- Leaderstar Group: A diversified international enterprise group with a global distribution network.
- Ultrastar: A supplier of high-quality parts for commercial heavy-duty trucks and construction machinery.
- TEKKET: An innovative brand committed to providing value-for-money parts solutions for the market.
Forward-Looking Statements:
This press release contains forward-looking statements regarding future expectations, plans, and prospects. Actual results may differ materially from those anticipated due to various factors.